Somewhat Favorable Press Coverage Somewhat Unlikely to Impact McDonald’s (MCD) Share Price

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March 25, 2018 1:00 am Published by

News articles about McDonald’s (NYSE:MCD) have trended somewhat positive this week, Accern reports. The research group rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. McDonald’s earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave media coverage about the fast-food giant an impact score of 45.540873214451 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the headlines that may have effected Accern Sentiment’s scoring:

MCD stock traded down $2.06 during mid-day trading on Friday, hitting $154.98. The company had a trading volume of 3,337,592 shares, compared to its average volume of 5,515,179. The company has a debt-to-equity ratio of -9.04, a current ratio of 1.84 and a quick ratio of 1.82. The stock has a market cap of $124,767.95, a P/E ratio of 24.37, a PEG ratio of 2.37 and a beta of 0.65. McDonald’s has a 52-week low of $128.60 and a 52-week high of $178.70.

McDonald’s (NYSE:MCD) last posted its quarterly earnings data on Tuesday, January 30th. The fast-food giant reported $1.71 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.59 by $0.12. The firm had revenue of $5.34 billion for the quarter, compared to the consensus estimate of $5.22 billion. McDonald’s had a negative return on equity of 201.76% and a net margin of 22.75%. The company’s quarterly revenue was down 11.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.44 EPS. sell-side analysts expect that McDonald’s will post 7.59 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 15th. Investors of record on Thursday, March 1st were issued a $1.01 dividend. The ex-dividend date of this dividend was Wednesday, February 28th. This represents a $4.04 annualized dividend and a dividend yield of 2.61%. McDonald’s’s dividend payout ratio is presently 63.52%.

A number of equities analysts have weighed in on MCD shares. ValuEngine lowered McDonald’s from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Goldman Sachs set a $180.00 price objective on McDonald’s and gave the stock a “buy” rating in a research note on Tuesday, December 12th. JPMorgan Chase & Co. reissued a “buy” rating and set a $182.00 price objective on shares of McDonald’s in a research note on Monday, March 12th. Barclays lowered their price objective on McDonald’s from $205.00 to $200.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 31st. Finally, Credit Suisse Group reissued an “outperform” rating and set a $191.00 price objective (up previously from $185.00) on shares of McDonald’s in a research note on Tuesday, January 23rd. Nine analysts have rated the stock with a hold rating and twenty-five have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $182.55.

In related news, VP Catherine A. Hoovel sold 1,398 shares of the business’s stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $170.54, for a total value of $238,414.92. Following the sale, the vice president now owns 1,398 shares in the company, valued at approximately $238,414.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Douglas M. Goare sold 34,575 shares of the business’s stock in a transaction on Wednesday, January 31st. The shares were sold at an average price of $173.53, for a total value of $5,999,799.75. The disclosure for this sale can be found here. 0.24% of the stock is currently owned by insiders.

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McDonald’s Company Profile

McDonald’s Corporation (McDonald’s) operates and franchises McDonald’s restaurants. The Company’s restaurants serve a locally relevant menu of food and drinks sold at various price points in over 100 countries. The Company’s segments include U.S., International Lead Markets, High Growth Markets, and Foundational Markets and Corporate.

Insider Buying and Selling by Quarter for McDonald's (NYSE:MCD)

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